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UK house prices 'will hit all-time high by 2015'

Old Aug 17, 2013 | 09:55 PM
  #121  
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Dingdongler
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Originally Posted by GlesgaKiss
Between £600 and £700pcm.

It's a nice place. I think it would be great just being able to walk out of your door on a Saturday or Sunday morning and have a coffee outside a nice cafe and watch the world go by right in the centre of the city (in the summer here obviously!). Really nice architecture, friendly people and good shops.

Merchant City - Wikipedia, the free encyclopedia
Buchanan Street - Wikipedia, the free encyclopedia

"Buchanan Street is renowned for its variety in high street shopping, including flagship stores, with rents on the street being as much as £250 per square foot, making it the 6th most expensive street in the United Kingdom for retail rent, only surpassed by 5 streets in London. Buchanan Street is also the second busiest shopping thoroughfare, second only to Oxford Street in London. Glasgow has been recognized for being the second best shopping destination in the United Kingdom, after London, since 2008."


Ok. So the gross yield is 6.8%. If we are talking about one of the nicest places to be in Glasgow then on the face of it that that seems far more reasonable
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Old Aug 17, 2013 | 11:15 PM
  #122  
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GlesgaKiss
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Originally Posted by Dingdongler
Ok. So the gross yield is 6.8%. If we are talking about one of the nicest places to be in Glasgow then on the face of it that that seems far more reasonable
Exactly.

No doubt I'll end up living there and having no investment to give any yield.
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Old Aug 18, 2013 | 07:52 AM
  #123  
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Originally Posted by GlesgaKiss
Exactly.

No doubt I'll end up living there and having no investment to give any yield.

Then you'll have bought yourself a nice home to live in. Having a place you look forward to coming back to after a hard day at work is priceless.
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Old Aug 19, 2013 | 03:30 PM
  #124  
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I suppose that if you own more than one house then you will be very happy about the price increases.

If you only have the one house as a home then if you sell that for a monstrous price you will only have to use it all to get another comparable house to live in. The only gain is if you downsize of course.

Les
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